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    3021 Kenwood Ave

    Los Angeles, CA 90007
    • $1,195,000
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: 21-746514
    $1,195,000
    • 4
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,888
      SQFT
    • $307
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Ratings & Info

    Description

    We are pleased to offer the opportunity to acquire this four (4) unit, multifamily investment opportunity, located in the DPS Patrol Zone, and blocks to the University of Southern California (USC). The subject property is constructed of wood frame and stucco, built in 1914, with approximately 3,888 rentable square feet on a 6,434 square foot lot. The investment is comprised of one structure, and has a vacant large shed/ garage towards the back of the lot - this is an excellent opportunity to construct an ADU and further increase cash flow. (Buyer to verify).The unit mix consists of four (4) spacious 1-bedroom +1-bathroom units, just under 1,000 sqft each. The Property is 75% occupied, one (1) unit will be delivered vacant, and cash flows extremely well at about $7,211/month fully occupied. The property offers residents a highly desirable location blocks to the USC campus & University Village, providing easy access to all of USCs landmarks, academic buildings, and entertainment options.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-18T23:42:46.717. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/118034074
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    3021 Kenwood Ave Los Angeles, CA 90007

    • Price: $1,195,000
    • Status: Active
    • MLS #: 21-746514
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,888
    SQFT
    $307
    $/SQFT
    1914
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    We are pleased to offer the opportunity to acquire this four (4) unit, multifamily investment opportunity, located in the DPS Patrol Zone, and blocks to the University of Southern California (USC). The subject property is constructed of wood frame and stucco, built in 1914, with approximately 3,888 rentable square feet on a 6,434 square foot lot. The investment is comprised of one structure, and has a vacant large shed/ garage towards the back of the lot - this is an excellent opportunity to construct an ADU and further increase cash flow. (Buyer to verify).The unit mix consists of four (4) spacious 1-bedroom +1-bathroom units, just under 1,000 sqft each. The Property is 75% occupied, one (1) unit will be delivered vacant, and cash flows extremely well at about $7,211/month fully occupied. The property offers residents a highly desirable location blocks to the USC campus & University Village, providing easy access to all of USCs landmarks, academic buildings, and entertainment options.
    Exterior Features

    Lot Size Area 6433 Other Structures Shed(S) Parking Garage Garage Total Parking 4

    Interior Features

    Baths Total 4.00 Cooling Window Unit(S) Equipment Other Heating Other

    Property Features

    Assessed Total Value 858330 Gross Income 86532 Gross Operating Income 84801 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 59917.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 24884 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Davis Saadian DRE#01921748 of Keller Williams Beverly Hills.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-18T23:42:46.717. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260